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Statutes » California » Financial Code » Division 1.1

Cal. FIN § 1131

This is the official text of Cal. FIN § 1131, part of California’s Financial Code — regulates banks, credit unions, lenders, and other financial institutions.

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Official statutory text

Section 500 of the Corporations Code does not apply to the making by a bank or by any majority-owned subsidiary of a bank of any distribution to the shareholders of such bank.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.